Cummins Q2 sales up 31%, net before tax increases 60%
Mumbai, Oct 31 (UNI) Net sales of Cummins India Limited for the quarter ended September 30 were at Rs 467.4 crore as compared to Rs 357.3 crore in the same period last year, up by 31 per cent.
Net profit before tax in the second quarter of other current rose by 60 per cent to Rs 88.6 crore (Rs 55.3 crore in Q2 last year), said a company release here today.
Cummins India Limited Chairman Anant Talaulicar said, ''Our performance this quarter was strong particularly in the domestic market across power generation, industrial and automotive segments.
We also continued to drive efficiencies in our operations with the use of Six Sigma as well as partnering with suppliers on value engineering and productivity enhancing initiatives''.
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